LNG Use Rises at Japan Utilities in 2012 on Idle Reactors

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Liquefied natural gas consumption by Japan’s 10 regional power utilities increased by 15 percent last year as almost all the country’s atomic plants stayed shut.

Power companies used 56.6 million metric tons of LNG in 2012, up from 49.1 million tons a year earlier, according to Bloomberg calculations based on data updated today by the Federation of Electric Power Cos. LNG consumption increased by 20 percent in 2011.